Land Use & Zoning

In Arizona, a 'development agreement' between a city and a developer:

AModifies the General Plan
BVests the developer's right to develop under current regulations for a specified period in exchange for public benefits✓ Correct
CIs prohibited under Arizona law
DRequires voter approval

Explanation

Development agreements are contracts between municipalities and developers that vest the developer's right to develop under existing regulations for a set period, providing regulatory certainty in exchange for public benefits like infrastructure or affordable housing.

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